District of Columbia § 6-224 Disposition of assets on dissolution.

District of Columbia Statutes

§ 6-224 — Disposition of assets on dissolution.

District of Columbia § 6-224

Title 6Housing and Building Restrictions and Regulations.

Ch. 2District of Columbia Housing Authority.

Subch. IDistrict of Columbia Housing Authority, 1999.

This text of District of Columbia § 6-224 (Disposition of assets on dissolution.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 6-224 (2026).

Text

If the Authority is dissolved by repeal of this chapter or ceases to exist for any other reason, all of its assets (including cash, accounts receivable, reserve funds, real or personal property, and contract and other rights) shall become the property of the District. In such event, no funds in the Fund shall be deposited into any District fund or account without the prior written approval of HUD; provided, that in the event of such approval, all such funds shall be deposited and maintained in an account or accounts separate from the General Fund of the District.

Free access — add to your briefcase to read the full text and ask questions with AI

If the Authority is dissolved by repeal of this chapter or ceases to exist for any other reason, all of its assets (including cash, accounts receivable, reserve funds, real or personal property, and contract and other rights) shall become the property of the District. In such event, no funds in the Fund shall be deposited into any District fund or account without the prior written approval of HUD; provided, that in the event of such approval, all such funds shall be deposited and maintained in an account or accounts separate from the General Fund of the District.